Hindsight Market

The Graveyard › 1994

Petroleum Heat &power

HEAT · Retail · AMEX · in our data December 11, 1986 to August 31, 1994 (7.7 years)

The first trading day in our data for Petroleum Heat &power is December 11, 1986 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 7, 1994, the market valued it at $653 million. It left the market when it was bought or merged, last trading at $17.62, -39.7% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1986-121994-08
Peak market value$653 millionMarch 7, 1994
Highest split-adjusted share price$29.24March 7, 1994
Last share price$17.62August 31, 1994
From its split-adjusted high to the end-39.7%
Return over the days in our data+152.6%with dividends, before the last trade
Worst single day-11.9%November 16, 1990

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1986.

Play today's Daily Drop

Also gone in 1994: Retail